What Are I Bonds? Series I savings bonds protect you from inflation. With an I bond, you earn both a fixed rate of interest and a rate that changes with inflation. Twice a year, they set the inflation rate for the next 6 months.
Update 10/31/24: New Series I Savings Bonds rate is now 3.11% (this includes a fixed rate of 1.20%) for I bonds issued November 1, 2024 to April 30, 2025. Down from 4.28%. However, if you need your funds to be more liquid, we do recommend the savings account from Western Alliance Bank or Valley Direct Online Savings.
Treasury Direct Series I Bonds Rate
- Direct Link to Offer
- Current Rate: 3.11% (this includes a fixed rate of 1.20%) for I bonds issued November 1, 2024 to April 30, 2025
- Maximum Amount:
- In a calendar year, one Social Security Number or one Employer Identification Number may buy:
- Up to $10,000 in electronic I bonds, and
- Up to $5,000 in paper I bonds (with your tax refund)
- In a calendar year, one Social Security Number or one Employer Identification Number may buy:
- How to get it:
- To buy a savings bond in TreasuryDirect:
- Go to your TreasuryDirect account.
- Choose BuyDirect.
- Choose whether you want EE bonds or I bonds, and then click Submit.
- Fill out the rest of the information.
- For information on registration, see Registering your bonds (Who owns them).
- If you plan to give the bond to someone else, see Giving savings bonds as gifts.
- You can buy an electronic savings bond for any amount from $25 to $10,000 to the penny. For example, you could buy an electronic savings bond for $75.38.
- In any one calendar year, you may buy up to $10,000 in Series EE electronic savings bonds AND up to $10,000 in Series I electronic savings bonds for yourself as owner of the bonds. That is in addition to the amount you can spend on buying savings bonds for a child or as gifts.
- Learn more about the process here.
- To buy a savings bond in TreasuryDirect:
(at Treasury Direct)
 |
 |
Bottom Line
I Bonds will help you combat inflation and is a safe and low risk means of investment backed by the U.S. Treasury – with a holding period from 12 months to 30 years.
In a sense, you can view Series I Bonds as a certificate of deposit (CDs) from a bank/credit union that become liquid after 12 months or the set duration.
For more options, see our list of the best bank rates and cd rates.
Other opportunities can include learning more about the latest bank bonuses and investment promotions.
Update history:
- Update 5/1/24: New Series I Savings Bonds rate is now 4.28% (this includes a fixed rate of 1.30%) for I bonds issued May 1, 2024 to October 31, 2024. Down from 5.27%.
- Update 4/9/24: The final weeks to lock in this bond rate is approaching. However, if you need your funds to be more liquid, we do recommend the savings account from Western Alliance Bank or Barclays Savings Account (currently offering a $200 bonus).
- Update 10/31/23: New Series I Savings Bonds rate is now 5.27% (this includes a fixed rate of 1.30%) for I bonds issued November 1, 2023 to April 30, 2024. Up from 4.30%
- Update 4/28/23: New Series I Savings Bonds rate is now 4.30% (this includes a fixed rate of 0.90%) for I bonds issued May 1, 2023 to October 31, 2023. Down from 6.89%.
